# IEA warns of 1.8 million bpd oil supply deficit in Q3 2026-08-12T20:10:15+00:00 | World & Diplomacy | Indian Opinion Desk Corroboration: 1 independent outlet The International Energy Agency has warned of a 1.8 million barrel per day deficit in global oil supply in the third quarter of this year. The warning comes as Ukrainian drone attacks on major refineries west of the Urals mountains have kept Russian oil refining near a 20-year low. NDTV Profit reports that Russian refining stood at 3.9 million barrels per day in July. The supply gap heightens concerns about energy prices and global economic stability, with the IEA projecting a tight market in the coming months. ## Coverage - ndtvprofit.com Tags: energy market, IEA, oil supply, Russia refineries, Ukraine conflict Canonical: https://indianopinion.org/iea-warns-of-1-8-million-bpd-oil-supply-deficit-in-q3/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/iea-warns-of-1-8-million-bpd-oil-supply-deficit-in-q3/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.